Search found 2041 matches

Return to advanced search

Re: What Book Are You Currently Reading? Part V

Just finished The Windup Girl by Paolo Bacigalupi. I thought it was excellent, with an interesting look at an energy-challenged, gene-splicing future set in Thailand.
by BigFoot48
Wed Aug 20, 2014 7:33 pm
 
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part V
Replies: 3196
Views: 1081420

Re: Roth Conversion - Old Age

MDisciple87 wrote:What is this Taxcaster and where can I play with it?
Use my model and see if it doesn't give you all the financial information you need on the Roth conversion question: Retiree Portfolio Model (formerly known as the Retiree Roth Conversion Decision Model).
by BigFoot48
Wed Aug 20, 2014 10:03 am
 
Forum: Investing - Help with Personal Investments
Topic: Roth Conversion - Old Age
Replies: 31
Views: 1133

Re: Help please with revised plan for living in retirement

I think you are making a very good decision to defer SS benefits until 70 considering the value of your assets available for retirement needs. Those extra funds in your later years may turn out to be very important. Be sure to learn about the File and Suspend strategy that may allow one of you to be...
by BigFoot48
Fri Aug 15, 2014 8:26 pm
 
Forum: Investing - Help with Personal Investments
Topic: Help please with revised plan for living in retirement
Replies: 6
Views: 1162

Re: Considering buying a Plug-in Prius or a Volt

You should add the Ford C-Max Energi to your list of cars to test drive. I own one and its the best car, out of 14, I've owned for ride comfort and driving pleasure. It seats five adults. I have not driven a Prius or Volt but people on the C-Max forum who also own or had owned those generally prefer...
by BigFoot48
Fri Aug 15, 2014 2:55 am
 
Forum: Personal Consumer Issues
Topic: Considering buying a Plug-in Prius or a Volt
Replies: 40
Views: 2557

Re: Weekend in Tucson - Kids' Birthday

I have to disagree with the weather report. June's the worst month as the rain is still a month off. Heck, it was only 90 this afternoon (and humid, but it's a dry humidity!). Good suggestions above. I would think 12-year olds would like these: Pima Air and Space Museum with Boneyard Tour of stored ...
by BigFoot48
Fri Aug 15, 2014 2:43 am
 
Forum: Personal Consumer Issues
Topic: Weekend in Tucson - Kids' Birthday
Replies: 19
Views: 830

Re: Telephone Calls! Help! [Telemarketing phone calls]

Bummer. Century Link doesn't support the dual-ring feature necessary for Nomorobo to operate. Oh well, totally answering machine screening works pretty well.
by BigFoot48
Tue Aug 12, 2014 7:56 pm
 
Forum: Personal Consumer Issues
Topic: Telephone Calls! Help! [Telemarketing phone calls]
Replies: 97
Views: 5710

Re: Telephone Calls! Help! [Telemarketing phone calls]

We screen all calls with an answering machine muted and leave the ringer off. Friends and family know to email if they want to talk real time and we turn the ringer on. Didn't know about Nomorobo but it looks good and will set it up. One recent annoying call we kept getting was from a traffic ticket...
by BigFoot48
Tue Aug 12, 2014 11:36 am
 
Forum: Personal Consumer Issues
Topic: Telephone Calls! Help! [Telemarketing phone calls]
Replies: 97
Views: 5710

Re: Suggestions for the Wiki

Both of the links under Life Expectancy calculators are broken Withdrawal rates and life expectancy Main article: Life Expectancy Calculators http://www.bogleheads.org/wiki/Bogleheads%C2%AE_retirement_planning_start-up_kit I quick Google on those same words brings up a long list of possibilities. N...
by BigFoot48
Sun Aug 03, 2014 8:17 pm
 
Forum: Local Chapters and Bogleheads Community
Topic: Suggestions for the Wiki
Replies: 269
Views: 99154

Re: Retiree Portfolio Model

Rounding and better labeling of itemized deductions has been added to the existing version. If you would like a slightly better itemized deduction feature, download the current version 14.7 again, otherwise there's no need to get the revised version. This post was revised from the original message a...
by BigFoot48
Wed Jul 30, 2014 7:49 pm
 
Forum: Investing - Help with Personal Investments
Topic: Retiree Portfolio Model
Replies: 119
Views: 27857

Re: Retiree Portfolio Model

Version 14.7 has been modified and re-released - hopefully for the last time. All users should update to it. What I discovered when running my own portfolio/etc. through it was that the revised SS calculation was not handling existing benefits correctly. So I ended up redoing the entire calculation ...
by BigFoot48
Sat Jul 26, 2014 12:17 pm
 
Forum: Investing - Help with Personal Investments
Topic: Retiree Portfolio Model
Replies: 119
Views: 27857

Re: Retiree Portfolio Model

A new version of the Retiree Portfolio Model is now available. As this includes significant improvements and a few bug fixes, I recommend all users update to it. Download the current (revised) version 14.7 - 7/26/2014: https://www.dropbox.com/s/tf6ww5kmv9kkylc/Retiree%20Portfolio%20Model%20v14.7.xls...
by BigFoot48
Wed Jul 23, 2014 4:33 pm
 
Forum: Investing - Help with Personal Investments
Topic: Retiree Portfolio Model
Replies: 119
Views: 27857

Re: Help with Title/Author of Science Fiction Novel

Ah yes, mention of Slan, Null-A, Weapon Shops of Isher, and the Voyage of the Space Beagle instantly took me back to 1960 and my membership in The Science Fiction Book Club supported by my paper route income. Over the years, one of those books would pop occasionally into my mind and I would think &q...
by BigFoot48
Sat Jul 19, 2014 1:46 pm
 
Forum: Personal Consumer Issues
Topic: Help with Title/Author of Science Fiction Novel
Replies: 28
Views: 2082

Took SS Benefits at 62 - Now 66 - Suspend?

In doing research on the SS file and suspect strategy, I found a suggestion that those who started benefits at 62 (or before 66 FRA) should consider suspending benefits at 66 to allow the 8% yearly delayed retirement credit to accumulate for four years, thus getting some of the "old age insuran...
by BigFoot48
Wed Jul 16, 2014 11:27 am
 
Forum: Personal Finance (Not Investing)
Topic: Took SS Benefits at 62 - Now 66 - Suspend?
Replies: 1
Views: 530

Re: Retiree Portfolio Model

Thanks for your question. Each account, taxable, IRAs, and Roths, have their annual earnings calculated based on the return rate selected for each, and are shown in the Account Earnings and Income section on the "case" pages. (Details of IRA #1 and #2, etc., are normally hidden but can be ...
by BigFoot48
Wed Jul 16, 2014 10:16 am
 
Forum: Investing - Help with Personal Investments
Topic: Retiree Portfolio Model
Replies: 119
Views: 27857

Re: Tax-Conscious Retirement and Roth Conversion Calculator

My Retiree Portfolio Model, that livesoft mentioned above, calculates taxes using all the brackets, and allows one to precisely set Roth conversions to fill the 15% bracket for as many years as desired. The modeling of capital gains and qualified dividends etc. is very difficult from my perspective....
by BigFoot48
Tue Jul 15, 2014 5:49 pm
 
Forum: Investing - Theory, News & General
Topic: Tax-Conscious Retirement and Roth Conversion Calculator
Replies: 11
Views: 1265

Re: Solar panels, are they worth it?

Article on the impact of leased solar panels on home sales: Dorian Bishopp blames the solar panels on his roof for costing him almost 10 percent off the value of the home he sold in March. http://www.bloomberg.com/news/2014-06-23/rooftop-solar-leases-scaring-buyers-when-homeowners-sell.html
by BigFoot48
Sat Jul 12, 2014 11:40 am
 
Forum: Personal Consumer Issues
Topic: Solar panels, are they worth it?
Replies: 53
Views: 5166

Re: The value of a ROTH conversion in retirement

ps I tried to use the Retire module spreadsheet, and it made my head hurt. If you're referring to the Retiree Portfolio Model I'm sorry to hear that, as the goal was to make it as simple as possible with clear results showing the impact on one's portfolio from conversion decisions, etc.. PM me with...
by BigFoot48
Fri Jul 11, 2014 2:10 pm
 
Forum: Investing - Theory, News & General
Topic: The value of a ROTH conversion in retirement
Replies: 21
Views: 2950

Re: Electric Bike

I've noticed a few bikes with electric bike hubs when we ride. Looks like an easy modification for someone that wants some power assistance. A quick search found some at $220+: http://www.amazon.com/SainSpeed-Convers ... B00E56JY48
by BigFoot48
Thu Jul 10, 2014 4:34 pm
 
Forum: Personal Consumer Issues
Topic: Electric Bike
Replies: 16
Views: 2052

Re: Retirees - What % of your income is for basic essentials

I track our expenses by category and over the past 10 retirement years our "essential" expenses have averaged 83% of total expenditures, excluding net vehicle and RV purchases. House was bought with cash. As for AA and risk, all calculators I have run, like ORP, FIREcalc and Financial Engi...
by BigFoot48
Fri Jul 04, 2014 2:31 pm
 
Forum: Personal Finance (Not Investing)
Topic: Retirees - What % of your income is for basic essentials
Replies: 25
Views: 2222

Re: Retiree Portfolio Model

One more correction to the existing model pending the release of a significant update was made today to 14.65. In reconciling the pending update to older versions I discovered that inherited IRA withdrawals and RMD were not being included in taxable income. That has been fixed in this version and if...
by BigFoot48
Fri Jul 04, 2014 11:57 am
 
Forum: Investing - Help with Personal Investments
Topic: Retiree Portfolio Model
Replies: 119
Views: 27857

Re: Retiree Portfolio Model

Attention all users. While working on the next version I came to realize the possibly significant impact the use of the "Automatic Balancing" feature was having on taxable income and taxes. These automatic calculations, which create withdrawals in traditional and Roth IRAs in order to keep...
by BigFoot48
Thu Jul 03, 2014 3:17 pm
 
Forum: Investing - Help with Personal Investments
Topic: Retiree Portfolio Model
Replies: 119
Views: 27857

Re: Retiree Portfolio Model

Bigfoot, is there an easy way to input IRAs for a couple with different ages? We're six years apart, so RMDs are different. When I created this for myself two years ago I only programmed in one IRA, and one inherited IRA, because that's all I had or expected! So as of now, I suggest just combining ...
by BigFoot48
Sat Jun 28, 2014 2:21 pm
 
Forum: Investing - Help with Personal Investments
Topic: Retiree Portfolio Model
Replies: 119
Views: 27857

Re: Tax Bracket Management at 15%/25% Boundary

We are in a similar position. For the next 5 years (until my husband turns 70 1/2) we can keep ourselves in the 15% bracket. I used Bigfoot's spreadsheet to optomize Roth coversions. Found it hugely helpful. I'm glad to hear you found it of value. I've tried to include all the major factors the ret...
by BigFoot48
Tue Jun 24, 2014 10:17 am
 
Forum: Personal Finance (Not Investing)
Topic: Tax Bracket Management at 15%/25% Boundary
Replies: 33
Views: 3320

Re: Blog: There's a spreadsheet for that

An excellent and important blog post reminding the average investor, who may not have the skills or interest in preparing their own, of the wealth of spreadsheets available for most of the issues that face investors, people planning for retirement, or retirees. Heck, although it had been mentioned i...
by BigFoot48
Sun Jun 22, 2014 8:12 pm
 
Forum: Investing - Theory, News & General
Topic: Blog: There's a spreadsheet for that
Replies: 8
Views: 1150

Re: Do you see profit or ponzi?

I take it the firm has a website, care to share? They do not have a website denovo and I won't reveal the name of this investment company as I feel it is for me to decide how I will respond to this situation, i.e. "turn 'em in" or just walk away. I also think you have a moral obligation t...
by BigFoot48
Sun Jun 22, 2014 12:43 pm
 
Forum: Investing - Theory, News & General
Topic: Do you see profit or ponzi?
Replies: 100
Views: 7628

Re: Poll: Retirement tax bracket?

I would guess that a lot of the 15% people actually have a 27.75% marginal tax rate due to Social Security taxation. Thanks for pointing that out, I think. I suspected I was ignoring the elephant in the room and it looks like it's time to model this out to see exactly what the benefits of Roth-conv...
by BigFoot48
Sun Jun 22, 2014 12:04 pm
 
Forum: Investing - Theory, News & General
Topic: Poll: Retirement tax bracket?
Replies: 24
Views: 2661

Re: What Book Are You Currently Reading? Part V

I read "Flowers for Algernon" by Daniel Keyes a few months ago, and found it very compelling. A weekly blog I receive has a feature called "Honorary Unsubscribe" which featured Keyes, who just died, and describes his efforts to get the story published: http://www.honoraryunsubscr...
by BigFoot48
Sun Jun 22, 2014 10:29 am
 
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part V
Replies: 3196
Views: 1081420

Re: [can you] shop at Costco [without a membership?]

My Costco Executive membership was $117 last year. My Costco rebate was $130 and my Amex (only used at Costco) rebate was $118. They're paying me to shop there! :wink:
by BigFoot48
Tue Jun 17, 2014 6:58 pm
 
Forum: Personal Consumer Issues
Topic: [can you] shop at Costco [without a membership?]
Replies: 68
Views: 5072

Re: Schwab inherited IRA RMD question

celia wrote:BigFoot, Your MIL apparently needs to take Required Minimum Distributions (RMDs) from the traditional IRA because she is over age 70 1/2, not because she inherited it.

That's correct. She's 88 and he was 89.
by BigFoot48
Tue Jun 17, 2014 2:03 pm
 
Forum: Investing - Help with Personal Investments
Topic: Schwab inherited IRA RMD question
Replies: 20
Views: 977

Re: Schwab inherited IRA RMD question

It is definitely in her name alone, so it appears to not be considered an inherited IRA, and thus she is getting the RMD information that true "Inherited" IRAs are not provided because of the complexity. Does that seem right? So when my wife inherits this IRA some years hence, we will expe...
by BigFoot48
Tue Jun 17, 2014 11:47 am
 
Forum: Investing - Help with Personal Investments
Topic: Schwab inherited IRA RMD question
Replies: 20
Views: 977

Re: Schwab inherited IRA RMD question

I'm pretty sure my MIL got a letter in January with her 2014 RMD, but I see it was also on her December 2013 account statement in the Distribution Summary section. As she will not be making contributions to it, I assume its an Inherited IRA. Do I have that right sscritic? Although looking at her sta...
by BigFoot48
Tue Jun 17, 2014 10:46 am
 
Forum: Investing - Help with Personal Investments
Topic: Schwab inherited IRA RMD question
Replies: 20
Views: 977

Re: Schwab inherited IRA RMD question

placeholder wrote:^^^^^^ Did she roll it into an IRA in her own name because then it would not be an inherited IRA.

Yes, it went from being in her husband's name at Schwab to her name per the beneficiary designation when he died. Why is that not an inheritance?
by BigFoot48
Tue Jun 17, 2014 8:31 am
 
Forum: Investing - Help with Personal Investments
Topic: Schwab inherited IRA RMD question
Replies: 20
Views: 977

Re: Schwab inherited IRA RMD question

Schwab doesn't calculate rmds on inherited iras. I don't think many brokerage companies do. Some annuity or mutual fund companies will but it's very product dependent (ie, liability dependent) That's odd, then why does my MIL's inherited IRA Balance page show: "2014 - Required Minimum Distribu...
by BigFoot48
Mon Jun 16, 2014 10:17 pm
 
Forum: Investing - Help with Personal Investments
Topic: Schwab inherited IRA RMD question
Replies: 20
Views: 977

Re: Market timing: Getting out of bonds?

It is definitely market timing. Lots of people have been doing it since 2008, and lost a lot of return in the process. Stay the course. I agree, and think about the only reason to sell bond funds if interest rates are rising is if you need the funds to enter an assisted living center, i.e., a tempo...
by BigFoot48
Mon Jun 16, 2014 9:14 pm
 
Forum: Investing - Theory, News & General
Topic: Market timing: Getting out of bonds?
Replies: 17
Views: 1889

Re: Schwab inherited IRA RMD question

My mother-in-law, who inherited her husband's IRA, gets a notice in January of the amount of the RMD for the year. I sell the funds necessary to provide for it in November and do the RMD, with taxes withheld to cover her entire tax liability, in December. I also think the RMD amount is shown in the ...
by BigFoot48
Mon Jun 16, 2014 8:54 pm
 
Forum: Investing - Help with Personal Investments
Topic: Schwab inherited IRA RMD question
Replies: 20
Views: 977

Re: Are hybrid cars a good idea yet?

I don't think this has been posted: Could U.S. Hybrid Car Sales Be Peaking Already--And If So, Why? http://www.greencarreports.com/news/1092736_could-u-s-hybrid-car-sales-be-peaking-already--and-if-so-why But a side article on why plug-in hybrid sales are increasing may be interesting to some: http:...
by BigFoot48
Mon Jun 16, 2014 7:43 pm
 
Forum: Personal Finance (Not Investing)
Topic: Are hybrid cars a good idea yet?
Replies: 105
Views: 8246

Re: Are hybrid cars a good idea yet?

Another recent example why Ford cannot be trusted with their gaming of the EPA mileage claims. http://www.autoblog.com/2014/06/12/ford-lowers-mpg-ratings-on-six-vehicles/ As a C-Max owner there's a lot of discussion going on in the forums about this issue. All of us welcome the hefty checks Ford wi...
by BigFoot48
Fri Jun 13, 2014 1:53 pm
 
Forum: Personal Finance (Not Investing)
Topic: Are hybrid cars a good idea yet?
Replies: 105
Views: 8246

Re: What are you doing with the market at an all time high?

I remember 2010. I was two years retired and watching CNBC celebrate the Dow hitting 10,000 - an all time high - and I remember thinking "look at all this money I've made, I should just sell everything and put it in savings account. Surely I have enough...". Well, for some reason, perhaps ...
by BigFoot48
Mon Jun 09, 2014 5:12 pm
 
Forum: Investing - Help with Personal Investments
Topic: What are you doing with the market at an all time high?
Replies: 95
Views: 6553

Re: In what ways does a retired person's portfolio differ?

I handle our IRA returns the same way and don't have a Roth. I missed out on Mel's advice way-back-when on I-Bonds but started buying $10k/year a few years ago, but recently decided to stop as the amount I could accumulate over the next decade or so, even adding another $10k for DW, would be such a ...
by BigFoot48
Sun Jun 08, 2014 12:42 pm
 
Forum: Investing - Theory, News & General
Topic: In what ways does a retired person's portfolio differ?
Replies: 88
Views: 8142

Re: In what ways does a retired person's portfolio differ?

Looks familiar, BigFoot48. I retired in 1998 also. My average annual return 12/31/98 to 12/31/13 was 5.83% invested basically in 100 minus my age in stocks. I have taken out an average of 4.52% a year for expenses, and my portfolio is up also. I had only 3 years with a loss (2001, 2002 and 2008, bu...
by BigFoot48
Sun Jun 08, 2014 9:49 am
 
Forum: Investing - Theory, News & General
Topic: In what ways does a retired person's portfolio differ?
Replies: 88
Views: 8142

Re: The 2 comma paradox

A friend emailed me this morning:

"One of the nice things about new stock market highs reached on Friday is that it provides me with two whole days to feel rich and smug."
by BigFoot48
Sat Jun 07, 2014 11:10 am
 
Forum: Personal Finance (Not Investing)
Topic: The 2 comma paradox
Replies: 155
Views: 14485

Re: 15% bracket: convert IRA or tax gain harvest?

The real savings for me would be at least 72K between age 59 and 65 (when I go onto medicare).So I will need to consider this as I contemplate tax strategies while I am in the 15% tax band. I am guaranteed to be in the 25% tax bracket once I take SS. My wife and I only have 500K in IRA's that are s...
by BigFoot48
Fri Jun 06, 2014 8:44 pm
 
Forum: Investing - Theory, News & General
Topic: 15% bracket: convert IRA or tax gain harvest?
Replies: 36
Views: 2455

Re: In what ways does a retired person's portfolio differ?

@Taylor - I hope you understand you were blessed to start your retirement at the very beginning of one of the longest bull markets in equity history. Someone retiring in 1966 or 2000 experienced a vastly different experience and much, much worse returns and outcomes. To put a number to it: I retire...
by BigFoot48
Fri Jun 06, 2014 6:29 pm
 
Forum: Investing - Theory, News & General
Topic: In what ways does a retired person's portfolio differ?
Replies: 88
Views: 8142

Re: Solar panels, are they worth it?

A while back I noticed a Costco a grid-tied solar panel system for $13,000, uninstalled and before credits. Since my neighbor suggested we have Solar City give us a presentation (he offered to split the $100 they would give him to host a presentation), I decided to look at it. I see it claims "...
by BigFoot48
Wed Jun 04, 2014 2:16 pm
 
Forum: Personal Consumer Issues
Topic: Solar panels, are they worth it?
Replies: 53
Views: 5166

Re: Two Comma Club!

The Boglehead forum and philosophy will be a huge benefit to the 10's of thousands of young people that discover it and apply it to their financial lives. While I discovered it around age 50, I think those, like the OP, who discover it in their 20's will find its benefits over the decades will be &q...
by BigFoot48
Wed Jun 04, 2014 10:49 am
 
Forum: Personal Finance (Not Investing)
Topic: Two Comma Club!
Replies: 55
Views: 5702

Re: TrueCrypt possibly compromised/unsafe to use.

I saw this highlighting of the message that started all this on Reddit:

WARNING: Using TrueCrypt is not secure as it may contain unfixed security issues
by BigFoot48
Tue Jun 03, 2014 6:28 pm
 
Forum: Personal Consumer Issues
Topic: TrueCrypt possibly compromised/unsafe to use.
Replies: 61
Views: 5994

Re: DQOTD: Roth conversion optimization NOT possible?

After analyzing this for several years, I think I have finally decided to not do any conversions in the five years I have left before RMDs start for a couple of reasons. 1. No heirs. I think Roths are a significant asset to leave heirs and if I had some I would be maxing out my 15% bracket every yea...
by BigFoot48
Tue Jun 03, 2014 9:55 am
 
Forum: Investing - Theory, News & General
Topic: DQOTD: Roth conversion optimization NOT possible?
Replies: 19
Views: 944

Re: Is schwab good?

Been with Schwab for 20+ years and agree with the above assessments.
by BigFoot48
Tue Jun 03, 2014 12:46 am
 
Forum: Investing - Help with Personal Investments
Topic: Is schwab good?
Replies: 13
Views: 1077

Re: What Book Are You Currently Reading? Part V

I'm reading The Norman Maclean Reader, a complication of some of his writings and interviews put together by O. Alan Weltzien. Having only known of but not read Maclean's two famous books, A River Runs Through It and Young Men and Fire, I thought it would be an interesting introduction to the man an...
by BigFoot48
Sun Jun 01, 2014 4:31 pm
 
Forum: Personal Consumer Issues
Topic: What Book Are You Currently Reading? Part V
Replies: 3196
Views: 1081420

Re: Retirement Calculator ?

The Wiki has a comprehensive list of retirement calculators: http://www.bogleheads.org/wiki/Retireme ... d_spending I like FIREcalc and ORP.
by BigFoot48
Sat May 31, 2014 9:37 am
 
Forum: Personal Finance (Not Investing)
Topic: Retirement Calculator ?
Replies: 14
Views: 1906
Next

Return to advanced search